2023-5-9 12:22 |
U.S. sanctions have limited China’s access to the latest chip technology to develop AI, but local companies are not letting this stop them.
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According to a recent report from a local news agency Sina Finance, China has sanctioned the Bitcoin mining company Bitmain Technologies for alleged tax violations. Bitmain has been fined by the BeThe post China fines Bitcoin mining firm Bitmain over tax violations appeared first on AMBCrypto.
2023-4-11 19:00 | |
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An attacker used a crypto investor’s facial ID to unlock his wallet by force and transferred $4. 1 million to his own address in China on January1, as reported by local news outlets. The post Chinese criminal steals $4.
2023-1-7 16:15 | |
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China will launch a regulated platform for trading Non-fungible trading tokens (NFTs) known as China Digital Asset Trading Platform on January 1, 2023, according to local media outlet Sina News. The post China to launch its first regulated NFT marketplace, China Digital Asset Trading Platform, on January 1 appeared first on CryptoSlate.
2022-12-30 08:00 | |
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Non-fungible tokens (NFTs) are legally-recognized property, according to one Chinese court. According to a recent local report, the Hangzhou Court of China stated that NFTs feature value, scarcity, controllability, and tradability.
2022-12-6 20:37 | |
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Since the inception of the metaverse, several provincial governments in China have spent millions on metaverse developments. Besides, over six local governments in China’s famous cities like Shanghai and Beijing have issued metaverse-related development plans in 2022. Local Authorities Pushing…
2022-10-1 03:00 | |
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The Chinese government has never supported crypto activities since the emergence of the industry. The People’s Bank of China took further actions against the digital industry and banned all local digital assets operations.
2022-9-29 19:20 | |
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Scan and pay with e-CNY is now available in multiple Chinese cities for citizens looking to ride their local buses and subways.
2022-8-24 21:22 | |
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Three Chinese provinces have announced plans to disburse roughly 90 million yuan among citizens in the form of digital yuan (e-CNY) in “red packets” to restart the country’s economy following multiple Covid-19 lockdowns, according to local media reports.
2022-5-31 16:00 | |
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China’s Shenzhen district will distribute 30 million digital yuan via red envelopes through a lottery program in a bid to boost the local economy which has been affected by lockdowns. The post China Will Airdrop Digital Yuan to Boost Locked Down Economy appeared first on BeInCrypto.
2022-5-30 13:30 | |
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China still hosts 21% of the total global Bitcoin hash rate after the local government banned all crypto operations in the country last year.
2022-5-18 10:00 | |
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China’s mixed signals regarding its local NFT industry have investors confused about where the local market may be headed.
2022-3-31 18:01 | |
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The pilot version of China’s official digital yuan wallet app has become the most downloaded app in local mobile app stores.
2022-1-10 16:25 | |
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China’s crackdown on crypto mining sent local miners on a global hunt for places to host their machines. Factors like lead times to build out hosting sites, energy and labor costs, tax regimes, climThe post This lawmaker thinks Spain can lure miners from protest-stricken Kazakhstan appeared first on AMBCrypto.
2022-1-8 13:30 | |
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South China Morning Post, oldest English-language media outlet of Hong Kong, recounts unusual trend gaining steam among local real estate moguls
2021-12-18 17:49 | |
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The Chinese Xiongan New District alarmed of telecom fraud using the digital yuan, a digital currency the Chinese Central Bank started issuing recently, CoinDesk reports. The local government and branch of the People’s Bank of China signed a notice on Thursday, Nov.
2021-11-21 16:12 | |
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Nigeria’s central bank has frozen the accounts of two cryptocurrency traders and an entity. In furtherance of the Central Bank’s policy, a local bank has unveiled guidelines to stifle the activities of crypto investors.
2021-11-12 22:45 | |
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Huobi Gibraltar has already secured the necessary licenses from local authorities.
2021-11-8 21:00 | |
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Local police from the Fengxian district country Bureau in Shanghai China have arrested 31 people for alleged illegal pyramid schemes. During the crackdown, police seized over 400 million yuan ($62.
2021-11-7 19:35 | |
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The local securities regulator in Hong Kong will review the rules for people to be able to trade crypto-linked Exchange Traded Funds (ETFs). According to a report by the South China Morning Post, Hong Kong’s Securities and Futures Commission (SFC) will take another look into its digital asset transaction regulation. Related Reading | Bye-Bye China […]
2021-11-3 21:00 | |
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Chinese authorities are prohibiting NFTs but allow digital collectibles instead; however, Internet giants keep entering the NFT space
2021-10-23 10:59 | |
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Leading cryptocurrency exchange Binance announced on Wednesday that it is delisting the CNY trading zone, starting Dec. 31, 2021, in response to the regulatory requirements of the local government.
2021-10-13 17:55 | |
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China’s seriousness with its near blanket ban of all things crypto-related in the country has begun to receive telling reactions from crypto-businesses. According to a report by a local news outlet, as many as 20 virtual currency companies have disclosed that they are ending their operations in China and completely withdrawing from the Asian country […]
2021-10-13 22:10 | |
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The Chinese Central Bank Digital Currency (CBDC) is progressively spreading out to more users. This can be seen as 35 banks in China include the digital Yuan in their mobile apps. According to a local report, the digital RMB App reveals a recent addition of more banks to the interface.
2021-8-22 11:28 | |
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The crackdown on cryptocurrencies appears to be gaining steam in China. Local reports state that the Shenzhen branch of the People’s Bank of China (PBOC) has cleansed 11 companies for their illegal cryptocurrency activities.
2021-8-18 15:00 | |
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China’s first insurance policy using the digital yuan for settlement has been issued in Shenzhen, local media reported. The new product, targeting medical personnel exposed to coronavirus risks, is offered by the country’s largest insurer, Ping An.
2021-7-22 18:00 | |
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The current crackdown on mining activities in China appears to be gaining steam. Three provinces Henan, Gansu, and Anhui, have joined the nationwide crackdown on crypto farms. Henan, Gansu, and Anhui to Crack Down on Mining Activities Local news outlets have reported different reports on the crackdown on crypto mining activities within the country. HeifiRead More
2021-7-15 23:00 | |
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Two financial watchdogs in Beijing, the Beijing Local Financial Supervision and Administration Bureau and the Business Management Department of China’s Central Bank (PBoC) are shutting down firms that offer cryptocurrency-related services that enable crypto-trading.
2021-7-6 19:44 | |
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Recently, the price of Bitcoin dropped after orders by local authorities to halt mining in Southwest China’s Sichuan Province came late last week, resulting in...
2021-7-2 09:13 | |
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People’s Bank of China (PBoC), the country’s central bank, has today directed local banks and payment institutions to stop providing cryptocurrency-related services such as account opening, trading, clearing, and settlement.
2021-6-22 16:57 | |
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According to reports, Sichuan’s Ya’an municipal government has asked Bitcoin miners to shutdown operations in the city. None of the three local sources available at the moment mention how long the crypto mines will remain closed.
2021-6-19 23:01 | |
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Officials in Sichuan, a major bitcoin mining hub in China, have reportedly issued a shutdown order for bitcoin mining operations there.
2021-6-18 18:07 | |
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Two banks in China have begun offering cash exchange services for the digital renminbi, according to reports from local media. The post Digital Renminbi and Cash Exchange Service ATMs Launch in Beijing appeared first on BeInCrypto.
2021-6-18 12:34 | |
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One of China’s largest cryptocurrency exchanges, Huobi, is restricting its existing users from using no more than 5x leverage due to concerns about regulatory policies, as per local publication Wu Blockchain.
2021-6-17 20:27 | |
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Some of China’s storied Bitcoin miners are planning to use more renewable energy sources to power their expansive mining rigs, local outlet CGTN said today. The post Bitcoin (BTC) miners in China plot plans to ‘go green’ appeared first on CryptoSlate.
2021-6-17 17:00 | |
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On Monday, the application-specific integrated circuit (ASIC) manufacturer Canaan Inc. announced the company has established an overseas after-sales center in Kazakhstan. According to Canaan, the service center will provide local customers with after-sales services like machine testing, warranty services, maintenance, and technical consultation.
2021-6-8 21:30 | |
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Bitcoin miners in China’s Sichuan province can continue their operations until September this year, local tech publication TechNode reported today. The post Bitcoin miners using hydropower asked to continue in Sichuan appeared first on CryptoSlate.
2021-6-7 18:52 | |
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Sina Weibo, the Chinese equivalent of Twitter, banned the accounts of several key cryptocurrency and defi influencers in the country yesterday, according to reports from local sources. This might be a continuation of the anti-crypto stance the Chinese state has been exerting since 2013, and more profoundly in the last days with the crackdown of […]
2021-6-7 07:30 | |
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Chinese regulators in the Hainan province have warned residents not to involve themselves in cryptocurrency-related fundraising activities, as they are illegal in the island province. Hainan Cautions Against Illegal Crypto-Related Fundraising Activities According to Reuters on Thursday (June 3, 2021), a report by Nanguo Metropolis Daily stated that the local branch of China’s central bank,Read More
2021-6-6 19:00 | |
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China’s central bank digital currency (CBDC) continues to gain further ground as the Beijing Local Financial Supervision and Administration Bureau revealed 40 million worth of the country’s digital yuan ($6.
2021-6-3 06:30 | |
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Millionaires in China are turning to over-the-counter services to trade and buy Bitcoin and other cryptocurrencies even as the local government says it would crackdown on the sector, as per a report on business outlet Bloomberg today.
2021-6-1 10:22 | |
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Threats from China’s central government appear to have done little to quash local demand for crypto assets.
2021-5-31 08:16 | |
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Nervos, a China-based blockchain and decentralized finance (DeFi) protocol, today announced the launch of a $50 million fund with CMB International (CMBI), a wholly-owned subsidiary of China Merchants Bank, as per a release.
2021-5-20 19:00 | |
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The Beijing Municipal Bureau of Economy and Information Technology has begun sending out “emergency notices” to local data centers, urging their operators to report whether they are involved in cryptocurrency mining, Reuters reported yesterday.
2021-4-30 19:00 | |
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Leading Chinese banks are promoting the digital yuan over Alipay and WeChat Pay for an upcoming shopping festival in China.
2021-4-26 07:22 | |
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The growing crypto adoption has been following China calling BTC and stablecoins “investment alternatives” and the local publication talking about the warnings of a dangerous bitcoin bubble being misleading.
2021-4-23 20:09 | |
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A former governor of the People’s Bank of China (PBoC) said China intends to… The post China to focus on local use for the digital Yuan appeared first on Coin Journal.
2021-4-20 13:49 | |
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Local news outlets have tied a recent dip in the bitcoin mining hash rate to government-instituted blackouts in China.
2021-4-17 22:07 | |
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Six government-backed banks in China are testing e-wallet services for the upcoming digital yuan, local outlet Sina News reported ealier this week. The post 6 Chinese banks are testing the upcoming digital yuan (DCEP) appeared first on CryptoSlate.
2021-3-27 16:00 | |
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The Chinese government is hoping to maximize the privacy settings on the upcoming digital yuan, the state’s native Central Bank Digital Currency (CBDC), a report on local publication SCMP said Monday.
2021-3-24 11:00 | |
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A UN Security Council panel is investigating 17 crypto heists in 2023, for which North Korea may have been responsible, which were valued at more than $750 million.
The laws are to ensure sanctions rules are applied uniformly across the EU's 27 member states.
Moscow wants to establish an autonomous BRICS payment system, leveraging digital currencies and blockchain in an effort to decrease its dependency on the U.S. dollar. In an interview with the Russian state-owned news agency TASS on Feb. 5, Kremlin aide…
The U.S. government tagged a number of bitcoin and ether addresses as being tied to the LockBit ransomware group, which was taken down on Monday.
The confirmation comes as tensions between the United States and China continue to rise.
Crypto exchanges in Estonia and Latvia reportedly helped Russians circumvent sanctions and convert rubles into other currencies
An ETH wallet tied to Mexican national Mario Alberto Jimenez Castro was allegedly used for illicit fentanyl sales in the United States.